HISB61H3 Lecture 11: Lecture 11.docx
Document Summary
Ports were usually found around rivers or the seas. Atlantic ocean was very scary, people don"t want to go where they can"t see land. Transportation by ship was cheaper than transportation by land. Towns began appearing more often usually around where markets had once existed. Circulation of money being perfected: new sorts of credit encouraged capital growth. By early 14th century, growth was receding: conservation not creation. Italy: banking and banking systems: these all mostly fell into bankruptcy, king of england could not pay his debts. Decline of champagne fairs: began in 12th/13th centuries, brought together trade from the north and south, led to creation of elaborate gothic churches. Population decline: stabilization, population had reached maximum size that the food grown in the land could provide for. Is said that 50% of the population of europe died. Germany had constant political anarchy had no resident king.
